Posted on 07/06/2012 10:45:16 PM PDT by John Semmens
The Bureau of Labor Statistics reported that the official unemployment rate remained above 8% for the 41st straight month. The picture for Black unemployment was even more discouraging bumping up in June to over 14% for all ages and to over 39% for those aged 16-19.
The White House cautioned that voters should not place too much reliance on any one monthly report, but should look at the longer term trend. “A narrow focus on jobs misses the bigger picture,” Chairman of the Council of Economic Advisers Alan Krueger said in a written statement. “Over the last three years more than 3 million workers have escaped the drudgery of wage slavery by joining the ranks of the compensated disabled. On top of this, another 4 million have simply dropped out of the workforce. These tremendous gains in the opportunity to enjoy more leisure time are not adequately accounted for in the official unemployment numbers.”
“Let's not lose sight of the fact that work is a disutility,” Krueger wrote. “People only do it because they feel they have to. I think we need to give the President some credit for helping a growing number of Americans to overcome this feeling. He's reduced some of the economic pressure by putting more people on food stamps than any other president. And his robust display of enjoyment of leisure activities like golf—where he has played more rounds than his four predecessors combined—has helped lower the social stigma of taking it easy.”
“The fact is, if the seven million who have left the workforce over the last three years were still under the delusion that they had to get jobs, the official unemployment rate would be over 11%,” Krueger observed. “So, by promoting leisure the President has actually lowered the official unemployment rate by 3% since 2009.”
if you missed any of this week's other semi-news posts you can find them at...
http://www.freedomsphoenix.com/Opinion/114542-2012-07-06-semi-news-a-satire-of-recent-news-july-8-2012.htm
ping
November will be here soon enough and we will see how much they shrug off the employment numbers.
Hah! That was a great line. Almost on par with Nancy Pelosi's statement that unemployment was good for the economy...
Should’ah posted this in the afternoon to reel em in.
Pretty funny.
Careful, John, they’ll be after you to write their talking points...(8^D)
I agree, would’ve been better in the morning or afternoon, but regardless this is very good.
Satire? The Los Angeles Times must be quoting you.
There will be a ‘Plus One’ addition in November. Let’s see Zero shrug that off!
There will be a ‘Plus One’ addition in November. Let’s see Zero shrug that off!
There will be a ‘Plus One’ addition in November. Let’s see Zero shrug that off!
Stuck on stoopid:
May 2012: “Therefore, it is important not to read too much into any one monthly report and it is helpful to consider each report in the context of other data that are becoming available.”
April 2012: “Therefore, it is important not to read too much into any one monthly report and it is helpful to consider each report in the context of other data that are becoming available.”
March 2012: “Therefore, it is important not to read too much into any one monthly report, and it is helpful to consider each report in the context of other data that are becoming available.”
February 2012: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report; nevertheless, the trend in job market indicators over recent months is an encouraging sign.”
January 2012: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report; nevertheless, the trend in job market indicators over recent months is an encouraging sign.”
December 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
November 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
October 2011: “The monthly employment and unemployment numbers are volatile and employment estimates are subject to substantial revision. There is no better example than August’s jobs figure, which was initially reported at zero and in the latest revision increased to 104,000. This illustrates why the Administration always stresses it is important not to read too much into any one monthly report.”
September 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
August 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
July 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
June 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
May 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
April 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
March 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
February 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
January 2011: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
December 2010: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
November 2010: “Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.”
October 2010: “Given the volatility in monthly employment and unemployment data, it is important not to read too much into any one monthly report.”
September 2010: “Given the volatility in the monthly employment and unemployment data, it is important not to read too much into any one monthly report.”
July 2010: “Therefore, it is important not to read too much into any one monthly report, positive or negative. It is essential that we continue our efforts to move in the right direction and replace job losses with robust job gains.”
August 2010: “Therefore, it is important not to read too much into any one monthly report, positive or negative.”
June 2010: “As always, it is important not to read too much into any one monthly report, positive or negative.”
May 2010: “As always, it is important not to read too much into any one monthly report, positive or negative.”
April 2010: “Therefore, it is important not to read too much into any one monthly report, positive or negative.”
March 2010: “Therefore, it is important not to read too much into any one monthly report, positive or negative.”
January 2010: “Therefore, it is important not to read too much into any one monthly report, positive or negative.”
November 2009: “Therefore, it is important not to read too much into any one monthly report, positive or negative.”
Naturally enough, the Romney campaign has pounced on this, turning the above list itself into an argument against the President on their website. And why not? Facts are facts, and given that the president’s staff — for almost the entirety of his first term — has treated over 30 lousy jobs reports as if each one was an isolated event and not, in fact, part of a troubling trend line, we‘d be surprised if the Romney campaign didn’t use this attack.
Exit question: After three years of these reports, at what point does the White House think we should read into the data?
This is soooo close to 0bummer&Regime’s reality, JS, the fine line all but disappears. Brrrrrr.
Of course they will dismiss it, because instead millions have turned into Federal crack addicts. Millions have instead are taking disability payments, food stamps etc.
Obama could care less about the unemployment numbers, its a means to conversion of Socialism to America. Make the people hungry enough and THEY will embrace Socialism, THEY will fight to protect it, THEY will accept the new ideology.
Hire Newt to attack Obama
When I close my eyes I can imagine this at an Obama press conference with the attendees dutifully taking notes.
Newt would have been at Zero’s throat by now. Mitt waffles. God help us.
Just wow. Thanks for posting this.
You bad :)
John, this isn't really satire. This is essentially how the Dems have explained "tax cuts" for the past 25 years!
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